Another blow for First Uranium shareholders
First Uranium’s shareholders will have to accept a smaller than previously
announced payout when the proposed sale of the group’s key assets is
completed.
CoAL’s Makhado railway angers farmers
Coal of Africa's plans to build a 22.5km railway line from its Makhado project have angered the region's game farmers, reports Beeld.
Amplats makes small wins
Amplats has made some small gains during the first quarter of 2012, lifting
mining output and productivity levels after a grim performance the previous
year.
SACMH faces JSE suspension
South African Coal Mining Holdings has been warned by the JSE to submit its financial reports for the interim period to end-December, or face suspension.
Anglo shareholders toe the line, largely.
Some Anglo American shareholders have spoken their minds over a variety of
issues at the company’s annual general meeting, most notably regarding the
dispute with Chile’s Codelco.
Gold Fields increases Chucapaca investment
Gold Fields has increased the initial investment for its Peruvian Chucapaca project to
$1.2bn, the company's vice president for South American tells Reuters.
Grootvlei’s tailings dams still up for sale
Gold One International and Goliath Gold’s acquisition of the majority of
Pamodzi Gold’s East Rand assets did not include the historic gold dumps
situated on the properties.
Neal Froneman snaps up Grootvlei
UPDATED: Neal Froneman’s Gold One International and Goliath Gold have
confirmed the companies would acquire the liquidated Pamodzi Gold’s East
Rand assets for R70m.
State has bigger role in mining – Motlanthe
The recent global financial crisis has shown that more state intervention is needed in
the mining industry, says Deputy President Kgalema Motlanthe.
Rockwell reaps rewards of new focus
Rockwell Diamonds is reaping the rewards of its redrafted strategy, posting
quarterly carat production increases of at least 50% across its asset base.